AN ACT relating to the sale, issuance, approval, and status of funding notes with respect to the Commonwealth and its political subdivisions, and declaring an emergency.
Amend KRS 56.8605 to redefine "financing agreement" and "funding notes" to include financing or refinancing obligations owed under KRS 61.565; amend KRS 56.868 to authorize the Kentucky Asset/Liability Commission to issue funding notes to finance or refinance obligations owed under KRS 61.565; EMERGENCY.